Tinubu shifting Nigerian economy from consumption to production – Actress Eniola Badmus

Tinubu shifting Nigerian economy from consumption to production – Actress Eniola Badmus

Nollywood actress, Eniola Badmus has praised the Nigerian
economy under President Bola Ahmed Tinubu.

 

She noted that the country’s imports are decreasing while
exports are increasing, indicating an expanding economy.

 

The actress emphasised that Nigeria, under Tinubu, has made
unprecedented progress in trade, highlighting a shift from consumption to
production.

 

On her Instagram story, she wrote: “Our imports are
reducing, and our exports are increasing. That is a sign that our economy is
expanding.

 

“For the year-to-date 2024, our imports were N24.44
trillion, while our exports stood at N38.59 trillion. This gives us an
unprecedented trade surplus of over N14 trillion in just eight months.

 

“It has never happened in Nigeria. Never. This is a
refreshing shift from consumption to production.”

 

Her appraisal is against the backdrop of unprecedented
hardship and inflation in the country.

 

Last month, millions of citizens demonstrated against the
worsening hardship in the country in a movement tagged ‘End Hunger Protests.’

Source: Tinubu shifting Nigerian economy from consumption to production – Actress Eniola Badmus

 - NigerianEye

The story behind the headline — analyzed by 10 AI models, updated 4x daily. → drux.space/hub